{"id":253644,"date":"2020-03-12T13:42:18","date_gmt":"2020-03-12T17:42:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=253644"},"modified":"2021-10-04T04:41:14","modified_gmt":"2021-10-04T08:41:14","slug":"okcoin-launches-singapore-exchange-announces-support-for-local-fiat","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/okcoin-launches-singapore-exchange-announces-support-for-local-fiat","title":{"rendered":"OKCoin Launches Singapore Exchange, Announces Support for Local Fiat"},"content":{"rendered":"

OKCoin, one of the oldest and largest cryptocurrency exchanges in the world, has just opened an office in Singapore, alongside announcing support for the country’s official dollar.<\/p>\n

As of now, users within Singapore can use their local currency to buy and trade Bitcoin and Ethereum. On top of this, more pairs are on their way, according to a press release from the company<\/a>.<\/p>\n

\u201cThere has been a huge demand from traders throughout Singapore who are looking for a safe and reliable way to trade cryptocurrencies with the Singapore dollar, and we are proud to be entering the market in a way that fully complies with local regulations and policies,\u201d said OKCoin’s new CEO, Hong Fang, on the matter.<\/p>\n

As you may know, Singapore is and has been one of the leading countries<\/a> regarding the push for cryptocurrencies and blockchain technology. Citizens within the country don’t pay capital gains tax, and many there are increasingly outspoken and optimistic on the matter.<\/p>\n

OKCoin has just launched a Latin American office<\/a> and support for trading over there. The group also recently appointing Fang to increase their US expansion<\/a>. They’ve been expanding to other countries, too, like Argentina<\/a>. They’ve also issued a Yuan-backed stablecoin<\/a>, leading some to question the number of stablecoins available on the market today.<\/p>\n","protected":false},"excerpt":{"rendered":"

OKCoin, one of the oldest and largest cryptocurrency exchanges in the world, has just opened an office in Singapore, alongside announcing support for the country’s […]<\/a><\/div>","protected":false},"author":1722,"featured_media":194291,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\nOKCoin Launches Singapore Exchange, Announces Support for Local Fiat - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"OKCoin, one of the oldest cryptocurrency exchanges, has recently opened an office in Singapore and announced support for the local currency.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKCoin Launches Singapore Exchange, Announces Support for Local Fiat\" \/>\n<meta property=\"og:description\" content=\"OKCoin, one of the oldest cryptocurrency exchanges, has recently opened an office in Singapore and announced support for the local currency.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-12T17:42:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-04T08:41:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/11\/OKCoin-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1154\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Max Moeller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@maxemole\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Max Moeller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644\"},\"author\":{\"name\":\"Max Moeller\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\"},\"headline\":\"OKCoin Launches Singapore Exchange, Announces Support for Local Fiat\",\"datePublished\":\"2020-03-12T17:42:18+00:00\",\"dateModified\":\"2021-10-04T08:41:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644\"},\"wordCount\":227,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253644\",\"name\":\"OKCoin Launches Singapore Exchange, Announces Support for Local Fiat - 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